Lenders › Pennymac Loan Services LLC › North Carolina
Pennymac Loan Services LLC in North Carolina
HMDA record for properties in North Carolina, calendar year 2024. National record · North Carolina overview
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
In North Carolina, Pennymac Loan Services LLC reported 5,199 applications and 2,705 originations for 2024, $919m in all.
Its denial rate in the state was 16.0%, below the North Carolina rate of 24.0% across all lenders and compared with the lender's national rate of 20.6%.
The median rate spread on its North Carolina originations was -0.1 percentage points (state median 0.2).
Applications in the state were up 53% on 2023.
Compared with the state and the lender's national record
| Measure | In North Carolina | North Carolina, all lenders | Pennymac Loan Services LLC, all states | United States |
|---|---|---|---|---|
| Denial rate | 16.0% | 24.0% | 20.6% | 24.3% |
| Median rate spread, pp | -0.1 | 0.2 | 0.3 | 0.3 |
| Originations with spread of 1.5 pp or more | 0.6% | 11.8% | 20.4% | 15.6% |
| Average originated loan | $340k | $299k | $337k | $329k |
| Home purchase share | 41.3% | 56.3% | 41.8% | 57.0% |
| FHA-insured share | 18.8% | 11.8% | 22.4% | 13.4% |
| VA-guaranteed share | 42.7% | 11.8% | 22.3% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateNorth Carolina, all lenders
Loan purpose and loan type in North Carolina
By purpose
Home purchase 41% (1,117)Refinancing 37% (1,003)Cash-out refinancing 21% (563)Other purpose 1% (22)
By type
Conventional 38% (1,039)FHA 19% (509)VA 43% (1,156)USDA 0% (1)
Denial reasons as coded
Share of 547 denials in North Carolina by first denial reason coded (outlined bar: all lenders in the state).
Counties in North Carolina
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Wake County | 564 | 319 | $138m | 14.1% |
| Mecklenburg County | 504 | 317 | $124m | 15.0% |
| Cumberland County | 377 | 180 | $44m | 14.8% |
| Onslow County | 278 | 135 | $38m | 16.9% |
| Johnston County | 185 | 90 | $30m | 15.6% |
| Harnett County | 155 | 89 | $28m | 11.3% |
| Union County | 141 | 80 | $38m | 11.1% |
| Brunswick County | 144 | 79 | $26m | 12.5% |
| Moore County | 123 | 78 | $35m | 4.5% |
| Durham County | 121 | 74 | $27m | 8.4% |
| Guilford County | 160 | 71 | $20m | 22.2% |
| Gaston County | 113 | 62 | $18m | 21.0% |
| Cabarrus County | 117 | 61 | $23m | 21.0% |
| Hoke County | 107 | 55 | $15m | 8.7% |
| Forsyth County | 106 | 55 | $15m | 17.4% |
| Iredell County | 98 | 53 | $18m | 20.3% |
| New Hanover County | 94 | 48 | $17m | 17.2% |
| Craven County | 76 | 38 | $11m | 14.3% |
| Chatham County | 49 | 36 | $15m | 15.9% |
| Catawba County | 75 | 35 | $11m | 9.5% |
| Wayne County | 78 | 34 | $8.6m | 13.3% |
| Pitt County | 63 | 31 | $7.8m | 2.9% |
| Franklin County | 53 | 31 | $11m | 11.4% |
| Davidson County | 57 | 29 | $7.8m | 23.1% |
| Pender County | 50 | 28 | $11m | 16.7% |
| Lincoln County | 53 | 26 | $7.7m | 3.2% |
| Rowan County | 56 | 25 | $7.3m | 17.6% |
| Alamance County | 67 | 23 | $7.0m | 24.2% |
| Randolph County | 55 | 22 | $5.4m | 25.0% |
| Orange County | 42 | 22 | $9.4m | 29.0% |
| Lee County | 37 | 21 | $7.3m | — |
| Carteret County | 36 | 21 | $7.7m | — |
| Currituck County | 44 | 20 | $9.1m | 24.1% |
| Henderson County | 36 | 20 | $6.9m | 14.8% |
| Ashe County | 27 | 19 | $6.3m | — |
| Caldwell County | 29 | 18 | $3.9m | — |
| Wilson County | 31 | 17 | $4.1m | — |
| Nash County | 35 | 16 | $4.5m | — |
| Pasquotank County | 38 | 14 | $4.5m | — |
| Buncombe County | 47 | 13 | $4.6m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Pennymac Loan Services LLC originate in North Carolina in 2024?
2,705 loans totalling $919m, from 5,199 applications reported for properties in North Carolina.
What is Pennymac Loan Services LLC's denial rate in North Carolina?
16.0% of decided applications in North Carolina were denied, against 24.0% for all lenders in the state and 20.6% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which North Carolina counties does Pennymac Loan Services LLC lend in most?
By originations: Wake County (319), Mecklenburg County (317), Cumberland County (180), Onslow County (135), Johnston County (90).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in North Carolina. Built 1 Oct 2026; data through 1 Aug 2026. See methodology and corrections.